Reddit asked Ethereum community to help with scaling
Reddit is working on scaling up its recently added Ethereum Award System (ETH), and the company has asked the community for help in this difficult business.
“Ethereum” and “scaling” are words that are often found together in sentences. But as the network moves towards a second iteration, called Ethereum 2.0, also known as Serenity, there are suggestions that any social media giant using a blockchain network needs to do its own scaling.
In what was called the "Great Reddit Scalling Bake-Off", Reddit called on about 466,000 members of subreddit r / ethereum to help with this issue by sending their own demos before July 31 this year or by providing feedback on demo each other.
However, the platform wanted to reiterate that this is not a competition. Although someone will receive “some fame,” according to Reddit, there will be no prizes.
According to Reddit, the goal is to find a scalability solution that will allow him to bring a token reward to mainnet.
The company wrote:
“Our goal is to find a solution that will support hundreds of thousands of Community Points users on mainnet and ultimately be able to reach all of Reddit (430 million monthly users).”
Reddit launched its Community Points program, based on the Ethereum blockchain, back in May. It was created specifically to serve FortNiteBR and CryptoCurrency members. Their rewards for points are called “bricks” and “moons,” respectively.
In total, these two groups have about 2.3 million subscribers, which is only a small part of the site, which, according to the data, is used by 430 million people.
Over the past month, according to the announcement, 17,500 point holders, 20,000 transfers and 800 new subreddit memberships have been discovered.
Therefore, Reddit is looking for a way to expand the program beyond these two groups.
The company added:
"Please note that all demos should model the use of community points for 100,000 users."
The blog post says that Reddit has already learned some promising scaling solutions, and that most existing solutions "focus on a scenario that helps streamline the transfer." The company adds that “many of these projects do not take into account the cost of obtaining tokens or entering a scaling system, which can be significant.”
The rest of this post lists a number of demo requirements, including live proof of concept, documentation, decentralization, interoperability, usability, security, etc.
It is also specified that users retain full ownership and control over their points.
Demos will be reviewed, and updates will be published by September. “Although we do not expect any new scaling projects, we hope that you, the Ethereum scaling expert, can show us how to scale community scores,” Reddit said.
So far, most comments seem positive. However, some users were worried about the lack of a prize.
A user named Cabrill wrote:
“I think they just realized that it is economically impossible to implement the project on the proposed scale and intend to abandon it / leave it on the test network if the Ethereum community cannot find a solution. Think of it not as a competition, but as a challenge” .
Others did not agree, for example, Stevvo, who said that Reddit is "a multi-billion dollar company that asks users to solve an engineering problem for free."
Meanwhile, many expressed their thoughts about the problem, others discussed additional issues, and many explained in detail what and how could solve the problem. In any case, the Ethereum community seems to be trying to solve the problem, propose a solution, and thereby facilitate the adoption of the network.